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Goldman Sachs raises FY22-23 IT sector earnings forecast by up to 7%; raises target for these stocks

Updated : August 28, 2020 04:17 PM IST

Goldman Sachs increased FY22-23 sector revenue and earnings forecasts by up to 7 percent.
It expects TCS to see a sharp improvement in margins over its peers in the near term
It reiterates 'buy' rating on Infosys and expects 23 percent upside to Rs 1,165
Goldman Sachs raises FY22-23 IT sector earnings forecast by up to 7%; raises target for these stocks

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